Title

During: Buying Process Overview: Contract to Close: Title

Contract to Close

The following is a visual representation of the Title process when buying homes as a Nomad™. It is part of the Contact to Close process that you’d use once you are under contract to buy a property.

1. Complete "Contract To Close" checklist
   Complete the "Contract To Close" checklist:

   https://RealEstateFinancialPlanner.com/contract-to-close/

   Buying Process OverviewContract To CloseDuring ChecklistsUltimate Nomad ChecklistWeek 8

2. Class Watch "Contract to Close" Recording of Live Class
   Watch the recording of the live presentation of "Contract to Close" available on:

   https://RealEstateFinancialPlanner.com/contract-to-close/

   ClassesContract To CloseUltimate Nomad ChecklistWeek 60Week 8

3. Complete "Contract To Close: General" checklist
   Complete "Contract To Close: General" checklist:

   https://RealEstateFinancialPlanner.com/general/

   Contract To CloseContract To Close: GeneralUltimate Nomad ChecklistWeek 13

4. Complete "Contract To Close: Title" checklist
   Complete the "Contract To Close: Title" checklist:

   https://RealEstateFinancialPlanner.com/title/

   Contract To CloseContract To Close: TitleUltimate Nomad ChecklistWeek 13

5. Complete "Contract To Close: Owner’s Association" checklist
   Complete the "Contract To Close: Owner’s Association" checklist:

   https://RealEstateFinancialPlanner.com/owners-association/

   Contract To CloseContract To Close: Owner's AssociationUltimate Nomad ChecklistWeek 13

6. Complete "Contract To Close: Seller's Property Disclosure" checklist
   Complete the "Contract To Close: Seller's Property Disclosure" checklist:

   https://RealEstateFinancialPlanner.com/sellers-property-disclosure/

   Since the "Seller's Property Disclosure" is often provided even before we write the offer, it is not uncommon that we use "Completed" for the date of this deadline. However, if we have not received the "Seller's Property Disclosure" prior to writing the offer, we often use "MEC + 3 Days" so that you can ideally get a copy of the "Seller's Property Disclosure" prior to your inspection.

   This is especially important since there is not an objection for the "Seller's Property Disclosure"; you'd need to object based on your inspection if you found something at the property that you learned about via the "Seller's Property Disclosure".

   Contract Deadline: Seller's Property Disclosure DeadlineContract To CloseContract To Close: Seller's Property DisclosureSellers Property DisclosureUltimate Nomad ChecklistWeek 13

7. Complete "Contract To Close: Loan and Credit" checklist
   Complete the "Contract To Close: Loan and Credit" checklist:

   https://RealEstateFinancialPlanner.com/loan-and-credit/

   Contract To CloseContract To Close: Loan and CreditFinancingUltimate Nomad ChecklistWeek 13

8. Complete "Contract To Close: Appraisal" checklist
   Complete the "Contract To Close: Appraisal" checklist:

   https://RealEstateFinancialPlanner.com/appraisal/

   Contract To CloseContract To Close: AppraisalUltimate Nomad ChecklistWeek 13

9. Complete "Contract To Close: Survey" checklist
   Complete the "Contract To Close: Survey" checklist:

   https://RealEstateFinancialPlanner.com/survey/

   Contract To CloseContract To Close: SurveyUltimate Nomad ChecklistWeek 13

10. Complete "Contract To Close: Inspection and Due Diligence" checklist
    Complete the "Contract To Close: Inspection and Due Diligence" checklist:

    https://RealEstateFinancialPlanner.com/inspection-and-due-diligence/

    Contract To CloseContract To Close: Inspection and Due DiligenceUltimate Nomad ChecklistWeek 13

11. Complete "Contract To Close: Closing and Possession" checklist
    Complete the "Contract To Close: Closing and Possession" checklist:

    https://RealEstateFinancialPlanner.com/closing-and-possession/

    Contract To CloseContract To Close: Closing and PossessionUltimate Nomad ChecklistWeek 13

Contract to Close:
Title

And, here is the visual representation of the Title process.

Let’s look at each step in more detail.

Record Title Deadline

The Record Title Deadline is the date deadline for having record title delivered.

1. Complete "Record Title Deadline" checklist
   Complete the "Record Title Deadline" checklist:

   https://RealEstateFinancialPlanner.com/record-title-deadline/

   We typically use "MEC + 7 Days" for the Record Title Deadline to give the Title Insurance Company time to deliver the title work to you to review.

   Contract Deadline: Record Title DeadlineContract To Close: TitleUltimate Nomad ChecklistWeek 13

2. REAL ESTATE BROKER: Sending "Contract to Buy and Sell Real Estate" to Title Insurance Company
   As soon as you go under contract, your Real Estate Broker should send a copy of your "Contract to Buy and Sell Real Estate" to the Title Insurance Company so they can order the Title Insurance Commitment and send you a copy of the Title Work for you to review.

   Your Real Estate Broker should follow up with the Title Insurance Company to make sure you get your Title Work back prior to the Record Title Deadline.

   Contract Deadline: Record Title DeadlineUltimate Nomad ChecklistWeek 9

3. Receive a copy of the Title Work
   You and your Real Estate Broker should receive a copy of the Title Work for your purchase prior to the Record Title Deadline.

   Contract Deadline: Record Title DeadlineUltimate Nomad ChecklistWeek 9

4. Save Title Work to Dropbox
   Once you receive a copy, save a copy of the Title Work to your property Dropbox folder.

   Contract Deadline: Record Title DeadlineUltimate Nomad ChecklistWeek 9

Title Insurance

What is title insurnace? It is insurance that you’re getting clear ownership of the property.

It is insurance that many would argue is insurance for the benefit of the buyer, but I’d argue also protects the seller should there be a claim against title to the property.

Who pays for title insurance? It is negotiated in the contract to buy, but in Northern Colorado it is customary for the Seller to pay.

Is title insurance a one-time insurance premium or a recurring insurance premium? It is usually a one-time insurance premium paid at the time of closing.

Hold Open Policies

If you’re buying a home and going to be selling it quickly (usually within the next year or two), you may want to talk to your closer at your title company about saving money by purchasing a “hold open” title policy. The “hold open” title policy allows you to get a discount on the second transaction when you sell by paying a little more at this closing. Most Nomads will not be utilizing this, except maybe the occasional lease option exit Nomad or fixer upper Nomad that happens to sell very quickly.

Record Title Objection Deadline

The Record Title Objection Deadline is the deadline for the Buyer to object based on record title matters.

1. Complete "Record Title Objection Deadline" checklist
   Complete the "Record Title Objection Deadline" checklist:

   https://RealEstateFinancialPlanner.com/record-title-objection-deadline/

   We typically use about "MEC + 14 Days" to give you time to review your title work, get the advice of your Title Attorney if needed and have time to object.

   Contract Deadline: Record Title Objection DeadlineContract To Close: TitleUltimate Nomad ChecklistWeek 13

2. Confirm how you want to take title to the property
   In some cases we will write the "Contract to Buy and Sell Real Estate" saying that Buyer will determine how they will take title to the property prior to Closing.

   If we wrote that in your "Contract to Buy and Sell Real Estate" this would be the time to notify your Real Estate Broker and Title Insurance Company how you plan to take title to the property.

   Your Real Estate Broker may need to create an "Amend/Extend" to modify the "Contract to Buy and Sell Real Estate" to make this change.

   If you selected how you plan to take title before writing the offer and it is correctly reflected in the "Contract to Buy and Sell Real Estate", you do not need to do anything with this task.

   Contract Deadline: Record Title Objection DeadlineUltimate Nomad ChecklistWeek 9

3. REAL ESTATE BROKER: Checking Title Work against standard checklist
   Once you and your Real Estate Broker receive a copy of the Title Work, your Real Estate Broker should check the Title Commitment against a standard checklist to check for obvious errors and mistakes.

   IMPORTANT NOTE: Your Real Estate Broker is not a Title Attorney nor are they trained to interpret Title Work. You should not rely on them to review your Title Work for you. If you have questions about the Title Work, the first questions should be directed to the people providing it to you: the Title Insurance Company. They will be
   selling/providing you with a Title Insurance Policy and if you have questions about what that covers and does not cover, asking them first is a great idea.

   If you still have questions after talking to your Title Insurance Company, the next person to speak with is your own Title Attorney who has received training and specializes in the unique legal aspects of Title Work.

   Contract Deadline: Record Title Objection DeadlineUltimate Nomad ChecklistWeek 9

4. REAL ESTATE BROKER: Advising you to talk to your Title Attorney if you have questions about the Title Work
   IMPORTANT NOTE: Your Real Estate Broker is not a Title Attorney nor are they trained to interpret Title Work. You should not rely on them to review your Title Work for you. If you have questions about the Title Work, the first questions should be directed to the people providing it to you: the Title Insurance Company. They will be selling/providing you with a Title Insurance Policy and if you have questions about what that covers and does not cover, asking them first is a great idea.

   If you still have questions after talking to your Title Insurance Company, the next person to speak with is your own Title Attorney who has received training and specializes in the unique legal aspects of Title Work.

   Contract Deadline: Record Title Objection DeadlineUltimate Nomad ChecklistWeek 9

5. Review Title Work
   You should receive a copy of the Title Work from the Title Company shortly after going under contract with the help of the Real Estate Brokers involved in the transaction.

   Review Title Work and highlight any sections you have questions about. Write down your questions.

   IMPORTANT NOTE: Real Estate Brokers do not receive training on how to interpret Title Work so while they may be able to answer very basic questions, they are not competent to answer questions about the Title Work itself. For that, you will rely on getting info from the Title Company that is providing the Title Insurance and/or by hiring your own Title Attorney who is educated on Title Work.

   You may want to meet with your Title Attorney and/or Title Company to ask questions about it.

   If there is something in the Title Work that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Record Title Objection Deadline.

   Mark this task done once you've reviewed your Title Work.

   Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9

6. Ask Title Insurance Company questions about Title Work
   If you have questions about your Title Work, you should first contact the Title Insurance Company that will be providing you (selling you) a Title Insurance Policy.

   If after talking to your Title Insurance Company, you still have questions, please talk to your Title Attorney.

   Mark this task done once you've reviewed your Title Work.

   Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9

7. Determine your Title Attorney
   If you have questions about your Title Work, you may want to meet with a Title Attorney to have your questions answered in addition to asking the Title Company.

   You can ask your Real Estate Broker for a recommendation.

   Mark this task complete once you've decided on a Title Attorney to use.

   Contract Deadline: Record Title Objection DeadlineDream TeamDream Team - Pre-ClosingOptionalUltimate Nomad ChecklistWeek 9

8. Ask Title Attorney questions about Title Work
   If you have questions about your Title Work, you should first contact the Title Insurance Company that will be providing you (selling you) a Title Insurance Policy.

   If after talking to your Title Insurance Company, you still have questions, please talk to your Title Attorney.

   Mark this task done once you've reviewed your Title Work.

   Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9

9. IF TITLE IS UNACCEPTABLE: Object to Title
   If there is something in the Title Work that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Record Title Objection Deadline so we can file a formal objection to title and protect your Earnest Money.

   Mark this task done once you've objected or if you don't plan to object to Title Work.

   Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9

10. IF YOU OBJECT TO TITLE: REAL ESTATE BROKER: Preparing "Title-Related Objection Notice"
    If there is something in the Title Work that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Record Title Objection Deadline so we can file a formal objection to title and protect your Earnest Money.

    Your choices are either to object and see what they offer as a possible resolution or if you are 100% certain that nothing would resolve it, you can terminate.

    If you'd like to object, your Real Estate Broker would prepare a "Title-Related Objection Notice".

    If you'd like to terminate, your Real Estate Broker would prepare a "Notice to Terminate" and "Earnest Money Release".

    Mark this task done once you've objected or if you don't plan to object to Title Work.

    Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9

11. IF YOU OBJECT TO TITLE: Sign "Title-Related Objection Notice" via DocuSign
    If there is something in the Title Work that is unacceptable to you and you are objecting your Real Estate Broker will prepare a "Title-Related Objection Notice" and send it over for you to sign via DocuSign.

    Sign it via DocuSign prior to your Record Title Objection Deadline to protect your Earnest Money.

    Mark this task done when complete.

    Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9

12. IF YOU ARE TERMINATING BASED ON TITLE: REAL ESTATE BROKER: Preparing "Notice to Terminate" and "Earnest Money Release"
    If there is something in the Title Work that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Record Title Objection Deadline so we can file a formal objection to title and protect your Earnest Money.

    Your choices are either to object and see what they offer as a possible resolution or if you are 100% certain that nothing would resolve it, you can terminate.

    If you'd like to object, your Real Estate Broker would prepare a "Title-Related Objection Notice".

    If you'd like to terminate, your Real Estate Broker would prepare a "Notice to Terminate" and "Earnest Money Release".

    Mark this task done once you've objected or if you don't plan to object to Title Work.

    Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9

13. IF YOU ARE TERMINATING BASED ON TITLE: Sign "Notice to Terminate" and "Earnest Money Release" via DocuSign
    If there is something in the Title Work that is unacceptable to you and you are terminating your Real Estate Broker will prepare a "Notice to Terminate" and "Earnest Money Release" and send it over for you to sign via DocuSign.

    Sign it via DocuSign prior to your Record Title Objection Deadline to protect your Earnest Money.

    Mark this task done when complete.

    Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9

If you have any questions regarding the title commitment, you should seek out the following resources to get clarification. Remember, your real estate agent is not qualified to give you advice on title work as we discussed when we went over Professional Services Provided.

If you have objections to the title commitment or anything related to the title work for the property you’re buying, you have two options. One is if you’re willing to try to find a resolution with the Seller and the other if you’re unwilling to find a resolution and will not buy the property under any circumstances:

Owner’s Extended Coverage

If you have not already purchased Owner’s Extended Coverage, discuss with your real estate agent as to whether or not you should add it to your title insurance policy.

Title insurance companies can provide OEC in two ways: deleting the exceptions or insuring over the exceptions. No one has ever been able to give me a satisfactory answer to the difference, but I’d rather see them deleted rather than insured over. My thought is that deleting them removes the ability for deny a possible claim later, but I’ve never seen it get to that point so not sure how that would actually play out. Contact a title attorney if you’d like to discuss this rare hypothetical situation and let me know what they say.

Off-Record Title Deadline

The Off-Record Title Deadline is the deadline for having off-record title matters delivered.

1. Complete "Off-Record Title Deadline" checklist
   Complete the "Off-Record Title Deadline" checklist:

   https://RealEstateFinancialPlanner.com/off-record-title-deadline/

   We often use "MEC + 9 Days" for this deadline in the "Contract to Buy and Sell Real Estate".

   Contract Deadline: Off-Record Title DeadlineContract To Close: TitleUltimate Nomad ChecklistWeek 13

2. IF SELLER HAS OFF-RECORD TITLE INFO: Receive a copy of off-record title materials
   If the Seller has any off-record title information like leases (although many people would consider this part of due diligence), lease-options agreements, option agreements, unrecorded easements, etc then they should give them to you by this deadline.

   It is unusual to have documents relating to this deadline.

   Contract Deadline: Off-Record Title DeadlineUltimate Nomad ChecklistWeek 13

3. IF SELLER HAS OFF-RECORD TITLE INFO: Save off-record title materials to Dropbox
   If the Seller has sent you any off-record title materials, save them to your property Dropbox folder.

   Contract Deadline: Off-Record Title DeadlineUltimate Nomad ChecklistWeek 13

Off-Record Title Objection Deadline

The Off-Record Title Objection Deadline is the deadline for objecting to off-record title matters.

1. Complete "Off-Record Title Objection Deadline" checklist
   Complete the "Off-Record Title Objection Deadline" checklist:

   https://RealEstateFinancialPlanner.com/off-record-title-objection-deadline/

   We often use "MEC + 16 Days" for this deadline in the "Contract to Buy and Sell Real Estate".

   Contract Deadline: Off-Record Title Objection DeadlineContract To Close: TitleUltimate Nomad ChecklistWeek 13

2. REAL ESTATE BROKER: Forward off-record title documentation provided by Seller to you
   If the Seller provides us with any off-record title information, your Real Estate Broker will forward that information on to you for review.

   It is somewhat unusual to have off-record title information provided by the Seller.

   Mark this task done when complete.

   Contract Deadline: Off-Record Title Objection DeadlineUltimate Nomad ChecklistWeek 9

3. REAL ESTATE BROKER: Advising you to talk to your Attorney if you have questions about off-record title
   While off-record title matters are relatively uncommon, if you have questions about them you should get legal advice.

   IMPORTANT NOTE: Your Real Estate Broker is not an Attorney nor are they trained to deal with options, lease-options, unrecorded easements and other off-record title matters. You should not rely on them to review this information for you. If you have questions about any off-record title matters you should consult an Attorney.

   Contract Deadline: Off-Record Title Objection DeadlineUltimate Nomad ChecklistWeek 9

4. Review off-record title related documents
   You should receive a copy of any off-record title materials shortly after going under contract with the help of the Real Estate Brokers involved in the transaction from the Seller. That's if any exist.

   Off-record title materials like lease-option agreements, option agreements and unrecorded easements are relatively uncommon.

   Review off-record title documents and highlight any sections you have questions about. Write down your questions.

   IMPORTANT NOTE: Real Estate Brokers do not receive training on off-record title documents so while they may be able to answer very basic questions, they are not competent to answer questions about the off-record title matters. For that, you will rely on hiring your own Attorney who is educated on these matters.

   If there is something in the off-record title documents that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Off-Record Title Objection Deadline.

   Mark this task done once you've reviewed your off-record title documents.

   Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9

5. Ask Attorney questions about off-record title matters
   If you have questions about off-record title matters, you should talk to your Attorney to get your questions answered.

   Mark this task done when complete.

   Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9

6. IF OFF-RECORD TITLE IS UNACCEPTABLE: Object to Off-Record Title
   If there is something in the off-record title information the Seller provided that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Off-Record Title Objection Deadline so we can file a formal objection to title and protect your Earnest Money.

   Mark this task done once you've objected or if you don't plan to object to any off-record title matters.

   Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9

7. IF YOU OBJECT TO OFF-RECORD TITLE: REAL ESTATE BROKER: Preparing "Title-Related Objection Notice"
   If there is something related to off-record title matters that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Off-Record Title Objection Deadline so we can file a formal objection to title and protect your Earnest Money.

   Your choices are either to object and see what they offer as a possible resolution or if you are 100% certain that nothing would resolve it, you can terminate.

   If you'd like to object, your Real Estate Broker would prepare a "Title-Related Objection Notice".

   If you'd like to terminate, your Real Estate Broker would prepare a "Notice to Terminate" and "Earnest Money Release".

   Mark this task done once you've objected or if you don't plan to object to off-record title matters.

   Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9

8. IF YOU OBJECT TO OFF-RECORD TITLE: Sign "Title-Related Objection Notice" via DocuSign
   If there is something related to off-record title matters that is unacceptable to you and you are objecting your Real Estate Broker will prepare a "Title-Related Objection Notice" and send it over for you to sign via DocuSign.

   Sign it via DocuSign prior to your Off-Record Title Objection Deadline to protect your Earnest Money.

   Mark this task done when complete.

   Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9

9. IF YOU ARE TERMINATING BASED ON OFF-RECORD TITLE: REAL ESTATE BROKER: Preparing "Notice to Terminate" and "Earnest Money Release"
   If there is something relating to off-record title matters that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Off-Record Title Objection Deadline so we can file a formal objection to title and protect your Earnest Money.

   Your choices are either to object and see what they offer as a possible resolution or if you are 100% certain that nothing would resolve it, you can terminate.

   If you'd like to object, your Real Estate Broker would prepare a "Title-Related Objection Notice".

   If you'd like to terminate, your Real Estate Broker would prepare a "Notice to Terminate" and "Earnest Money Release".

   Mark this task done once you've objected or if you don't plan to object to any off-record title matters.

   Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9

10. IF YOU ARE TERMINATING BASED ON OFF_RECORD TITLE: Sign "Notice to Terminate" and "Earnest Money Release" via DocuSign
    If there is something related to off-record title matters that is unacceptable to you and you are terminating your Real Estate Broker will prepare a "Notice to Terminate" and "Earnest Money Release" and send it over for you to sign via DocuSign.

    Sign it via DocuSign prior to your Off-Record Title Objection Deadline to protect your Earnest Money.

    Mark this task done when complete.

    Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9

Title Resolution Deadline

The Title Resolution Deadline is the deadline for coming to a resolution on anything the buyer objected to regarding title matters.

1. Complete "Title Resolution Deadline" checklist
   Complete the "Title Resolution Deadline" checklist:

   https://RealEstateFinancialPlanner.com/title-resolution-deadline/

   We often use "MEC + 20 Days" for this deadline in the "Contract to Buy and Sell Real Estate".

   Contract Deadline: Title Resolution DeadlineContract To Close: TitleUltimate Nomad ChecklistWeek 13

2. IF YOU OBJECTED TO TITLE: REAL ESTATE BROKER: Negotiate terms of your resolution
   If you've objected to a title related issue (either record title or off-record title), then your Real Estate Broker (with your assistance) should be negotiating on your behalf to come to a resolution that is acceptable to you and the Seller.

   Contract Deadline: Title Resolution DeadlineUltimate Nomad ChecklistWeek 13

3. IF YOU REACHED A RESOLUTION: REAL ESTATE BROKER: Prepare "Amend/Extend"
   If you've come to a resolution over the title objection you had, your Real Estate Broker should prepare an "Amend/Extend" to document the resolution and resolve your objection.

   Contract Deadline: Title Resolution DeadlineUltimate Nomad ChecklistWeek 13

4. IF YOU REACHED A RESOLUTION: Sign "Amend/Extend" via DocuSign
   If you've come to a resolution over the title objection and your Real Estate Broker has prepared an "Amend/Extend" to document the resolution and resolve your objection, sign the "Amend/Extend" to continue with the purchase.

   Some Real Estate Brokers may also have you simultaneously withdraw your "Title-Related Objection Notice" by signing the bottom via DocuSign.

   Contract Deadline: Title Resolution DeadlineUltimate Nomad ChecklistWeek 13

5. IF YOU REACHED A RESOLUTION: Save "Amend/Extend" to Dropbox
   Once you receive back a fully executed "Amend/Extend" save a copy to your property folder in Dropbox.

   You may also get a withdrawn version of your "Title-Related Objection Notice" to save to your Dropbox as well.

   Contract Deadline: Title Resolution DeadlineUltimate Nomad ChecklistWeek 13

6. IF YOU WANT TO WITHDRAW YOUR OBJECTION: REAL ESTATE BROKER: Send "Title-Related Objection Notice" via DocuSign
   If you've decided to continue with the purchase and withdraw your record title or off-record title objection, your Real Estate Broker can send over the "Title-Related Objection Notice" you signed and have you sign the bottom that withdraws your objection before the Title Resolution Deadline to allow you to continue with the purchase.

   IMPORTANT NOTE: If you have not resolved the objection or withdrawn your objection prior to the Title Resolution Deadline, the "Contract to Buy and Sell Real Estate" will terminate. So, if you want to continue with the sale you need to do either one of these.

   Contract Deadline: Title Resolution DeadlineUltimate Nomad ChecklistWeek 13

7. IF YOU WANT TO WITHDRAW YOUR OBJECTION: Sign withdrawal section of "Title-Related Objection Notice" via DocuSign
   If you've decided to continue with the purchase and withdraw your record title or off-record title objection, sign the withdrawal section at the bottom of the "Title-Related Objection Notice" when your Real Estate Broker sends it over via DocuSign.

   IMPORTANT NOTE: If you have not resolved the objection or withdrawn your objection prior to the Title Resolution Deadline, the "Contract to Buy and Sell Real Estate" will terminate. So, if you want to continue with the sale you need to do either one of these.

   Contract Deadline: Title Resolution DeadlineUltimate Nomad ChecklistWeek 13

8. IF YOU WANT TO WITHDRAW YOUR OBJECTION: Save withdrawn version of "Title-Related Objection Notice" to Dropbox
   If you've withdrawn your objection by signing the bottom portion of your "Title-Related Objection Notice", save a copy of it to your property folder in Dropbox.

   Contract Deadline: Title Resolution DeadlineUltimate Nomad ChecklistWeek 13

9. IF YOU HAVE NOT COME TO A RESOLUTION: REAL ESTATE BROKER: Prepare "Earnest Money Release" (and probably "Notice To Terminate")
   If you have not come to an acceptable resolution or withdrawn your "Title-Related Objection Notice" by the Title Resolution Deadline then your "Contract to Buy and Sell Real Estate" has terminated. However, most Real Estate Brokers will want to also prepare a formal "Notice To Terminate" as well out of an abundance of clarity.

   Your Real Estate Broker should prepare an "Earnest Money Release" (and probably a "Notice To Terminate") to get the Seller to agree to release your Earnest Money.

   Contract Deadline: Title Resolution DeadlineUltimate Nomad ChecklistWeek 13

10. IF YOU HAVE NOT COME TO A RESOLUTION: Sign "Earnest Money Release" (and probably "Notice To Terminate") via DocuSign
    If you have not come to an acceptable resolution or withdrawn your "Title-Related Objection Notice" by the Title Resolution Deadline then your "Contract to Buy and Sell Real Estate" has terminated.

    Your Real Estate Broker should prepare and send over an "Earnest Money Release" (and probably "Notice To Terminate") to get the Seller to agree to release your Earnest Money to you via DocuSign.

    Sign the "Earnest Money Release" (and probably "Notice To Terminate") via DocuSign.

    Contract Deadline: Title Resolution DeadlineUltimate Nomad ChecklistWeek 13

11. IF YOU HAVE NOT COME TO A RESOLUTION: Save "Earnest Money Release" (and probably "Notice To Terminate") to Dropbox
    Once you receive the signed copy of the "Earnest Money Release" (and probably "Notice To Terminate") back via DocuSign save a copy to your property folder in Dropbox.

    Once the Seller signs it, you can replace this copy with the fully executed version and provide a copy to the Earnest Money Holder to get your Earnest Money back.

    Contract Deadline: Title Resolution DeadlineUltimate Nomad ChecklistWeek 13

Right of First Refusal Deadline

The Right of First Refusal Deadline is the deadline for having to remove a right of first refusal (if there is one).

1. Complete "Right of First Refusal Deadline" checklist
   Complete the "Right of First Refusal Deadline" checklist:

   https://RealEstateFinancialPlanner.com/right-of-first-refusal-deadline/

   Contract Deadline: Right of First Refusal DeadlineContract To Close: TitleUltimate Nomad ChecklistWeek 13

2. IF SELLER NEEDS A RIGHT OF FIRST REFUSAL DEADLINE: Discuss with your Real Estate Broker
   If the Seller needs a Right of First Refusal Deadline to be included with your offer, discuss the details of this with your Real Estate Broker.

   Contract Deadline: Right of First Refusal DeadlineUltimate Nomad ChecklistWeek 13

Next: Owner’s Association

See the Owner’s Association group of Dates and Deadlines.

IMPORTANT NOTE: This checklist is based on what I personally use with clients in Northern Colorado and is based on the Colorado Real Estate Commission approved Contract to Buy and Sell Real Estate. Please rely on your local real estate agent for how it works in your local real estate market. This process will definitely vary in different States.